To give an example: I trade using the THV/Pipware system, but I modified it quite a bit, including the entry/exit rules. If you read those system threads you'll notice that a lot of people suggest you use pivots or SAH to determine ...

The perfect trading system

Nice short setup for EURUSD and long setup for USDCHF (naturally as they are negatively correlated) on the H1 charts at the moment. Just hopped in a while ago and already 8 pips up in both cases...let's see how long the correction lasts.

THV System Trades & Patterns Thread

I haven't posted this to attack people...it's just that the amount of "please tell me what the perfect system is" gives traders the wrong impression that all it takes is copy a system and that's it. Just read the amount of "lazy" posts where people ...

The perfect trading system

There's a lot of misleading stuff in the Rookie section...in others too. Take everything you read here with a grain of salt and always do your own analysis and thinking. If you simply follow what others do, you are an INVESTOR and not a trader. ...

The perfect trading system

Nah, you're right...he's weird Interesting approach though.

THV System Trades & Patterns Thread

Well, for starters, it would then help if you told us if you are after short term or long term strategies. That doesn't only depend on how much time to trade you have, but also your mentality. There's people who excel at short term trading on the ...

Which is your favorite Trading System?

Honestly, it doesn't take that long to spot check a system. Pick a random 3 months last year and 1 currency pair and run your backtest. If the system is somewhat complex and no EA's available you need to do it by hand, and yes, it will take some ...

Which is your favorite Trading System?

Not sure what divergence you're talking about, but it looks like a reversal will happen over the next few hours. Trix and Stochiastics are both extremely overbought...so I expect price to drop by 1/3rd to 1/2 of today's increase. Too early to jump ...

THV System Trades & Patterns Thread

Hey...as a Swiss I object to calling us weird

THV System Trades & Patterns Thread

What currency pair?

THV System Trades & Patterns Thread

It doesn't automatically mean the original system is no good. You might change it because you trade on a different time frame...or because your risk profile is different. Doesn't mean the original system is somehow bad. In the end you can ALWAYS ...

Which is your favorite Trading System?

Agreed...and many people "tweak" the system after a while. For example, I'm trading on the 1hr charts whereas the original THV was meant for the 15min charts. I also tweaked entry/exit signals...and I know others have done so too. So the "base ...

Which is your favorite Trading System?

I'm afraid I switched servers a week ago and was stupid enough to delete my historic results on my live account. My demo account is on Forexfactory, but I only use it to test various tweaks, so it looks hilarious (using various MAs as exit ...

Which is your favorite Trading System?

Forgot to mention, I think waiting until "everything" (incl. the MA) lines up helps greatly at cutting down on losses. Using this strategy I can almost afford to lose 5 trades in a row and still make up for it with 1 good winner. That's a great ...

THV System Trades & Patterns Thread

Wait until a larger candle forms heading south... Also, note that often moves are stronger if the cross happens at or close to the 0.00000 line on the Trix chart

THV System Trades & Patterns Thread

Agreed. I tested the shift 4 for fun, and it cuts your winners too much to be profitable by the way. Shift 3 really seems to be a good "middle ground". EDIT: This thread finally has the 5 stars it deserves

THV System Trades & Patterns Thread

In this graph I would wait until MA confirms the trade, as in, the HA candle body turns red with the majority being below the MA. Trix already confirms the trade, but keep in mind price is above the Coral, so Trix alone would result in too many ...

THV System Trades & Patterns Thread

I use that MA for both entries and exits. For entries the HA candle body (NOT the wick!!) has to pass through the MA with the majority of the body being above/below the candle depending on whether you go long or short. I tested shift 2 and shift 3, ...

THV System Trades & Patterns Thread

There is no such thing as the "perfect trading system" because you are ALWAYS faced with incomplete information...ergo you can't tailor your system to be perfect. All you can do is minimize losses and maximize winners.

The perfect trading system